Designed to operate within a range of (-100, 100), values nearing 100 or -100 suggest a strong trend. If the main oscillator reads above 0, the price is above the SuperTrend.
Identify retracements in trending markets when the oscillator falls within 50 and -50. Overbought or oversold levels highlight potential exit points, helping traders to optimize their trades.
The indicator also features two supplementary oscillators: a smoothed version of the main oscillator (Signal) and a smoothed version of the Main to Signal oscillator difference (Histogram), making it akin to a MACD. Traders can use the histogram to speculate potential price crosses with the SuperTrend by noting the sign differences between the main and histogram oscillators. This helps in filtering out potential false signals for more accurate trading decisions.
When price and SuperTrend do not align in histogram and main oscillator signs (e.g., main = 1, histogram = -1), crossovers can be disregarded. The indicator further provides symbols indicating false or true SuperTrend signals, assisting in signal validation.
Symbols like a cross or checkmark are displayed at the top (for buy signals) or bottom (for sell signals) based on the validity of previous signals. The indicator also displays the percentage of false signals over the chartβs history.
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Bunny_v2.2 @simpleforextools.ex4
32.9 KB
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Indicator_Matrix_Vix_Fix_with_VWAP_CCI_and_QQE_for_TradingView.rar
4.1 MB
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WindStarBreak.ex4
33.1 KB
Best Strategy for Wind Star Break EA V1.0
WindStarBreak EA performs best in volatile markets where breakouts are frequent and impactful. Focus on active trading sessions like the London and New York overlaps.
Depending on your trading style, you can use shorter timeframes like M1 or M15 for quick trades or longer timeframes like M30 and H1 for larger market movements.
Avoid overexposing your account by limiting the amount you risk per trade. Risking 1-2% of your account balance is a good rule of thumb. Monitor Economic Events
While the EA operates automatically, keeping track of major news releases can help you anticipate volatility spikes, enhancing the EAβs breakout performance.
Markets evolve, and periodic adjustments to your EAβs settings ensure it stays aligned with current trends and conditions.
Recommended Settings
β‘οΈ Minimum Deposit: $100-$300
β‘οΈ Timeframes: M1, M15, M30, H1
β‘οΈ Supported Currency Pairs: XAUUSD, GBPUSD, EURUSD
WindStarBreak EA performs best in volatile markets where breakouts are frequent and impactful. Focus on active trading sessions like the London and New York overlaps.
Depending on your trading style, you can use shorter timeframes like M1 or M15 for quick trades or longer timeframes like M30 and H1 for larger market movements.
Avoid overexposing your account by limiting the amount you risk per trade. Risking 1-2% of your account balance is a good rule of thumb. Monitor Economic Events
While the EA operates automatically, keeping track of major news releases can help you anticipate volatility spikes, enhancing the EAβs breakout performance.
Markets evolve, and periodic adjustments to your EAβs settings ensure it stays aligned with current trends and conditions.
Recommended Settings
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Crypto Scalper.mq4
90 KB
Codes for those who want learn it
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Simple Forex Tools
Indicator_LBB_+_RSI_Multi_Level_+_Compact_Table_for_TradingView.rar
4.1 MB
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